Replies to post #4641 on Titan Medical Inc (TMDIF)

[Bball12]

Abun...I can agree with this, but what happens when SPORT comes to market and ISRG drops their future single site snake arm robot to Titans price or less expensive? Hospitals are continuing to want vendor consolidation for the benefit of the economies of scale aspect to training staff and finally less reps in the OR's

[devicerep888]

abun i agree with your comments. There are many different senarios that can play out which will create a market for SPORT. I think the hospital market is clearly in play, and your right about the large hospitals within a system is always going to have the latest technology, large IDN's will move older equipment out to the smaller hospitals where they may perform less complicated procedures that the older equipment is more than suitable for. I also like your thought that Titan could turn out to be the robot of choice and is purchased for the large/high volume hospital and the older ISRG robots are sent to the smaller hospitals! The clinical battle as yet to even begin in the streets, which will be very exciting to watch.


I have also seen many posts that have highlighted the need for hospital administrations to be aware of Titan before they buy another robot from ISRG. I think how ISRG initially introduced the first robot is hopefully how Titan gets SPORT to market. Get it to market with the capability of doing a few procedures great, but it doesn't have to do everything from day one. Get it to market, get some installs, establish local beta/training sites, and then roll out upgrades as engineering releases them. If you wait too long you may loose many of your best customers to competition. IMO